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News & Events

News, articles, maps, statistics...all at your fingertips!

We have collected articles and reports about Chicago neighborhoods, and statistics on the housing market in Chicago to build your wealth of real estate related knowledge.

What is the average home price in your desired area? Is the market better or worse than it was a year ago? What is the appreciation rate of 2-4 units over the last 2 years citywide versus in one neighborhood? What is the forecast for the market? When is the best time of year to sell?

Answer all these questions and more in the articles below.

Posting Date Title Summary Attachment
01/15/2009 Urban Renewal Redux in Bronzeville As the city of Chicago continues its quest to land the 2016 Olympics, many who've worked hard to rejuvenate the Bronzeville community into a hub of African-American history and commerce now fear the city's Olympics plans will push them out. And some say it's deja vu. Urban Renewal in Bronzeville.pdf
01/12/2009 Fourth Annual Polar Adventure Days When: January 17 : 12 p.m. - 4 p.m.
February 21 : 12 p.m. - 4 p.m.
Price: Free
Event Phone Number: 312-742-7529

Northerly Island
1400 S. Linn White Drive
Chicago, IL 60605

The winter celebration features ice sculptures, crafts, arctic camping demos, storytelling, an up-close look at Siberian huskies and other animals and more. Also, rent snowshoes for free and trek about the grounds. The first 500 visitors receive a free mug filled with hot chocolate.
01/12/2009 Bronzeville Inaugural Ball When: January 20 : 6 p.m. - 10 p.m.
Price: $50. RSVP required. Tickets: bronzevilleaer.eventbrite.com Event Phone Number: 773-373-4320

Parkway Ballroom
4455 S. King Drive
Chicago, IL 60653 773-373-4320

A black-tie-optional gala in honor of Barak Obama's presidency includes appetizers and Grey Goose cocktails.
01/12/2009 Chicago Inaugural Ball When: January 20 : 7 p.m.
Price: $175
Event Phone Number: 312-791-7500

McCormick Place
2301 S. Lake Shore Drive
Chicago, IL 60616 312-791-7500

"Renewing American's Promise" is the theme for this gala, which includes appetizers, two glasses of champagne and multimedia presentations. Comedian Julianna Forlano and bands the Chicago Catz and Deal's Gone Bad perform live. Cash bar.
01/12/2009 More Money to Finance Daley's Olympic Dream By: Kathy Bergen and Laurie Cohen Earlier in the bid process, officials said that no taxpayer dollors would be used to fund the Games. However, that is no longer the case. Approval of the use of more taxpayer's money has been passed, and the site where Olympic Village will be built is likely to be a TIF district (tax increment financing). More Money to Finance Olympic Dream .pdf
01/12/2009 Burris Declares Fight Over, Praise Opponents By: Jill Zuckman Newly appointed Illinois State Senator, Roland Burris, expects to be sworn in later this week. Despite mild uproar from republican senators, Burris met the requirements of the senate and was later appointed. Burries Declares Fight Over, Praises Opponents.pdf
01/09/2009 Contemporary with capital 'C' David Hovey is today's modern architect, building contemporary, modern, and sophisticated residential homes. Comtemporary with capital C.pdf
12/13/2008 Risk Jumps for Taxpayers By: Laurie Cohen and Hal Dardick Taxpayers were assured that hosting the 2016 Olympics would not affect any taxes. Patrick Ryan stated, "Chicago taxpayers will not be burned by hosting the Games...In fact, after reviewing the numbers, we are even more comfortable in making that assertion." Risk Jumps for Taxpayers.pdf
12/13/2008 Olympic Imprint Raises Concern By: Blair Kamin Blair Kamin, a Tribune Architecture critic brings the issue of what will happen to the venues once the Olympics are over to the table. In historic Washington Park, built in 1871 by a famous Chicago architect, residents are extremely concerned about any buildings that have plans to stay up instead of being torn down. Erma Tranter, President of Chicago advocacy group stated, "There should only be temporary facilities placed in Washington park....At the end of the olympics, they should be removed and the park restored." Olympic imprint raises concern.pdf
12/11/2008 Where to Buy Now Want to know where the best real estate bargins are in Chicago and surrounding suburbs? This extensive list will give you all you need to know about real estate pricing in city neighborhoods and suburbs. Where to Buy Now.pdf
12/11/2008 Olympic Village Deal Salvaged Chicago 2016 Chairman Pat Ryan restructured the deal for construction of the projection $1.1 billion Olympic Village. Olympic Village deal salvaged.pdf
11/24/2008 Obama Lobbies for Chicago Games in 2016 President-elect Barack Obama spoke via video on Friday to European Olympic committees at a meeting in Istanbul in an effort to sell Chicago's bid for the 2016 Summer Games. Obama Lobbies for Chicago Games in 2016.pdf
11/24/2008 For president-elect, a brief taste of normalcy at home By: John McCormick There is some irony that it took winning the presidency for Barack Obama to settle into a schedule that borders on humdrum. Brief taste of normalcy at home.pdf
11/20/2008 Long term: three el stations near United Center By: Ben Myers New commerical development inthe Near West Side has caused for three new el stations to be built for better access to these locations. Long Term three el stations near United Center.pdf
11/20/2008 Small Improvements Can Help By: Bill Healy Making minor adjustments to a 'for sale' property can minimize the property's market time and can potentially get close to orginial asking price. Small Improvements Can Help.pdf
11/14/2008 'Locally, it's all good': Obama in White House helps city's Olympic bid. With Obama as President, many hope to change the city's current reputation as a 'gritty, Rust Belt metropolis known for its old meat-packing plants, under-the-table style of politics and a baseball team with a century long drought'. President Obama.pdf
11/13/2008 The Road Ahead By: Greg Hinz and Paul Merrion New President Elect, Barack Obama, will have to work fast to help the American economy get back on it's feet. Alot is expected of Obama including a bigger budget for Illinois to help pay for roads and better transit options. The Road Ahead.pdf
11/13/2008 Condominium Sales Fall to a 7- Year Low In the third quarter, developers sold the fewest condos in a three-month period since the attacks of Sept. 11, 2001. Sales are plunging as the supply of condos continue to grow, and developers with a high number of unsold units will have a hard time paying off their loans. Condo Sales Fall To 7 Yr Low.pdf
11/13/2008 Power Comes To Hyde Park By: Steven R. Strahler With Obama as the new President, his former residencey in Hyde Park may cause gentrification. Many residents fear of becoming an area compared to Lincoln Park; Very commericalized. As Robert Fogel from the University of Chicago states, "I don't see anything but good news for Hyde Park. It's nice to have as one if your neighbors the President of the United States." Power Comes To Hyde Park.pdf
10/24/2008 August Newsletter See most popular listings, and read articles on today's market and how you, the buyer, can benefit. Don't forget to check out the 'Green' tips! Draft 4.pdf
10/14/2008 Sell it to me: Bronzeville condo's details win over potential buyer And so it was that in touring three mostly charming dwellings in Bronzeville the other day, I felt my heart leap when walking down a long fine hall, where Brazilian cherry slabs lured me to take off my shoes, and where the bright white of the wainscot made me think no dreary day would ever drag me down, and then suddenly, the hall jogged, made for an unexpected angled nook, like a slow meander in a stream, where I felt the walls reach out to me. I could swear I heard them call my name....
Bronzeville Article.pdf
06/16/08 What If Hyde Park Hosta Midwest White House What will happen to a certain mansion in hyde park if it becomes the next White House? Will this vanquish the Western White House in Crawford, Texas? Will Hyde Park's dining offerings improve? Many questions SKMBT_C30008061813260.pdf
3/25 The Mayor in the Mirror Mayor Daley held a press conference to announce that our property tax system is broken and he aims to fix it. In his speech Daley predicted that soaring property taxes would drive poor and working-class people out of their communities, particularly on the south and west sides. SKMBT_C30008032516500.pdf
3/25 Some Are Spared The Slide In Housing The real estate market these days is a tale of two americas, and one of them is not doing too badly.
MILLIONS OF PEOPLE OWE MORE THAN THEIR HOUSE ARE WORTH
SKMBT_C30008032516530.pdf
3/25 A Glimmer of Relief in Housing SURPRISE INCREASE IN SALES HINTS THAT CRISIS MAY BE HITTING BOTTOM - Home sales in Chicago and the nation, helped in part by steep price declines, took a surprise bounce upward in February, encouraging some to wonder whether the long awaited "Are we there yet?" moment in housing's downward spiral has arrived. SKMBT_C30008032516480.pdf
2/21 Losing Our Landmarks The city's architecural heritage is disappearing-with help from the people who are supposed to protect it. SKMBT_C30008032417050.pdf
3/13/08 In Chicago, Tinted Green A couple were married inside a florist's leaky old greenhouse who later on transformed it into a house that was built using a number of green technologies. SKMBT_C30008032416450.pdf
3/04 Freeze Frame As Chicago's real-estate market began to experience the big chill, homeowners worried that this was the beginning of the next ice age. But as our annual house survey demonstrates, there were a few bright spots in the year that was more frustrating than desperate. SKMBT_C30008030416120.pdf
2/26 A year of options for city's renters Apartment rents take biggest quarterly tumble since 2001.

Landlord still have the upper hand on tenants in the downtown Chicago Apartmant market, but they lost some leverage in the fourth quarter, a trend that could continue in 2008.
SKMBT_C30008022615460.pdf
2/16/08 It's showtime for Olympics bid Chicago 2016 facing crucial step in process olympics.pdf
1/4/08 The scoop on Chicago's 'shh' Although "ch" usually stands for the sound in "chick," English also uses it sometimes for a "K" sound, as in "character" the German guttural sound in "Bach," and yes, the "sh" sound in "champagne" and "chandelier."...

-written by Nathan Bierma
shh.pdf